Associate, Financial & Prudential Reporting Accountant
Location: Edinburgh, Scotland Team: Financial Reporting Job Requisition #: R246615 Date posted: Nov. 27, 2024Job description
About this role
About this role
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Business Unit Overview:
BlackRock Finance and Strategy consists of professionals in disciplines such as Financial Planning & Analysis (FP&A), Treasury, Tax, Financial Controls, Sourcing and Vendor Management, Finance Platform Support, Controllers, Strategy, and Corporate Development. Within the Controllers’ Group, the Financial & Prudential Reporting team plays a key role in reporting the financial results for all legal entities within the EMEA region. These results are presented monthly in accordance with US GAAP and quarterly under IFRS. In addition, management accounts, board reports, statutory accounts and regulatory returns are prepared and presented quarterly.
Position Description:
The Financial & Prudential Reporting Accountant (“legal entity controller” or “LEC”) will be responsible for the delivery of financial and regulatory reporting for a portfolio of legal entities, principally BlackRock International Limited, in addition to ad-hoc project work. In order to deliver this, the LEC will develop and enhance strong relationships with other parts of Finance, cross-functional teams outside of Finance and local country management.
This role will report into a Financial & Prudential Reporting VP based in Edinburgh, within the Financial & Prudential Reporting team.
Key Responsibilities:
- Be key point of contact for their portfolio of legal entities
- Ensure financial control is maintained over reports
- Deliver statutory, regulatory and statistical reporting
- Deliver regular management reporting, presenting to entity boards, as required
- Input on ad hoc projects, as required
- Work with prudential specialists to ensure upcoming regulatory changes are identified, understood and prepared for
Development Value:
- Opportunity to join an established finance function of an S&P 500 company
- Developing stakeholder management skills including through board exposure to a senior board with a blend on executive and non-executive directors
- Exposure to statutory and regulatory reporting
- Involvement in ad-hoc project work with a focus on being an effective Finance & Strategy partner to the business
Experience:
- Qualified accountant with a strong academic record; preferably in financial services
- Background in financial reporting, and strong knowledge of global accounting standards, including US GAAP and IFRS
- Regulatory reporting experience is desirable
- Stakeholder management
Competencies:
- Ability to clearly and confidently communicate in verbal and written form, with all levels of the business
- Organised and methodical, possessing attention to detail, ability to work under pressure within tight deadlines is a must
- Overcomes obstacles, maintains effective behavior in difficult situations in order to achieve goals
- Commercially minded with an interest in the asset management sector
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
R246615
Jobs for you
You have not recently viewed any jobs
You have not saved any jobs
Stay in the know
Sign up to get information on open roles, upcoming events and life at the firm – straight to your inbox.